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Bad Security Driving Out the Good

Bruce Schneier has up at Wired a typically thoughtful piece on how, in the security market as in others, the lemons are winning out over the good products. Schneier harks back to "The Market For Lemons," the 1970s work of economist George Akerlof, to explain why the market's invisible hand pushes most of the best products into the abyss: "With so many mediocre security products on the market, and the difficulty of coming up with a strong quality signal, vendors don't have strong incentives to invest in developing good products. And the vendors that do tend to die a quiet and lonely death."

4 of 215 comments (clear)

  1. Secustick by Anonymous Coward · · Score: 4, Funny

    I'm a $600/hr security consultant - you'd know my name, I used to work at - well I probably shouldn't say. I've FORGOTTEN more than Bruce Schneier knows about crypto, and I think the Secustick is a VERY secure product.

  2. Re:The way of the world by Alzheimers · · Score: 3, Funny

    In New Jersey, their governors don't have any speed limit...

  3. Re:The way of the world by pragma_x · · Score: 2, Funny

    Actually, having driven on the NJ Turnpike myself, I was under the impression that governors are installed on all cars in The Garden State that enforce a minimum speed of 55mph.

  4. Re:The winners are never the best. by Simon80 · · Score: 3, Funny

    Check your spelling before you send your messages, you're hurting my eyes!